US stocks moving higher with the S&P closing at a new record level.
- Dow industrial average up 146.98 points or 0.32% at 45565.05
- S&P index closed at a new record high for the 19th time this year. The index rose 15.46 points or 0.24% at 6481.40.
- NASDAQ index rose 45.87 points or 0.21% at 21590.14.
Nvidia will announce earnings at 4:20 PM ET. Shares rose down $0.26 or -0.14% at $181.51. EPS is expected at $1 (versus $0.68 last year – up 47%) while revenues are expected at $46.05 billion (up from 30.04 billion last year – up 53%).. With the price up 35.17% this year, there is concern about the price going too far/too fast, but is that always the way.
In the after hours,
In the after hours ahead of Nvidia:
Snowflake (SNOW) Q2 2026
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EPS: $0.35 (exp. $0.27) → BEAT
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Revenue: $1.10B (exp. $1.08B) → BEAT
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Shares are up 12.48%
CrowdStrike (CRWD) Q2 2025
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EPS: $0.93 (exp. $0.83) → BEAT
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Revenue: $1.17B (exp. $1.15B) → BEAT
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Despite the beat, shares are trading down -7.9% in after-hours trading
This article was written by Greg Michalowski at investinglive.com.